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fromwww.theguardian.com
23 hours ago
UK news

Reinstate windfall tax on banks after surge in profits, TUC urges

Trade union leaders advocate for a higher windfall tax on UK banks due to significant profits amid economic turmoil from the Iran war.
fromwww.bbc.com
8 months ago
UK politics

Bank share prices tumble after calls for tax on profits

Proposals for a windfall tax on bank profits pushed major UK banks' shares down amid IPPR claims QE has caused significant taxpayer losses.
UK news
fromwww.theguardian.com
23 hours ago

Reinstate windfall tax on banks after surge in profits, TUC urges

Trade union leaders advocate for a higher windfall tax on UK banks due to significant profits amid economic turmoil from the Iran war.
fromLondon Business News | Londonlovesbusiness.com
6 months ago

Budget looms large as Reeves could look to banking sector to raise revenues - London Business News | Londonlovesbusiness.com

Over halfway through: In its H1 results in June Barclays highlighted the midpoint of its 3-year revamp and noted it had achieved over half (£17bn) of the c.£30bn planned UK risk weighted assets (RWAs) growth, half of the target income growth and realised two-thirds of the £2bn planned gross cost efficiency savings. Group income of £14.9bn was up 12% year-on-year, with group net interest income (NII) up 13% to £6.1bn.
Business
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